is Mexico the only place with poor?

Question

some act like it. do we owe other countries poor more?

Answer 1

Mexico is not poor. It does have extreme levels of wealth. There are many poor nations and regions within countries. Mexico is a partner with Canada and the United States of America in the North American Free Trade Agreement. The North American Free Trade Agreement is a free trade agreement among Canada, the United States, and Mexico. NAFTA went into effect on January 1, 1994.

The Economy of Mexico
According to the World Bank, Mexico ranks 13th in the world in regard to GDP and has the fourth largest per capita income in Latin America just after Argentina, Chile and Costa Rica, and it is firmly established as an upper middle-income country. Since the economic crisis of 1994–1995 the country has made an impressive economic recovery. According to the director for Colombia and Mexico of the World Bank, the population below the poverty level has decreased from 24.2% to 17.6% in the general population and from 42% to 27.9% in rural areas from 2000-2004 [1].

Mexico has a mixed economy that recently entered the trillion dollar class. It contains a mixture of modern and outmoded industry and agriculture, increasingly dominated by the private sector. The number of state-owned enterprises in Mexico has fallen from more than 1,000 in 1982 to fewer than 100 in 2005. Recent administrations have expanded competition in seaports, railroads, telecommunications, electricity generation, natural gas distribution, and airports. Mexico is also the fourth largest oil producer in the world.

A strong export sector helped to cushion the economy's decline in 1995 and led the recovery in 1996–1999. Private consumption became the leading driver of growth, accompanied by increased employment and higher wages. Its proximity to the world's largest automobile market has meant that companies like Volkswagen and others have located assembly plants in Northern Mexico to serve that market. In asddition there is a large television industry providing programming for both Mexicans and the large Spanish speaking population (44 million out of 285 million) in the United States.

Mexico has entered a new era of macroeconomic stability. Following a 4.1% growth in 2004, real GDP grew 3% in 2005. According to the Bank of Mexico recent economic developments include a record-low inflation of 3.3% in 2005, low interest rates, a lower External debt to GDP ratio (8.9%) and a strong peso. Trade with the United States and Canada has tripled since NAFTA was implemented in 1994.

Mexico has opened its markets to free trade like few other countries have done, lowering its trade barriers with more than 40 countries in 12 Free Trade Agreements, including Japan and the European Union. However more than 85% of the trade is still done with the United States. Government authorities expect that by putting more than 90% of trade under free trade agreements with different countries Mexico will lessen its dependence on the United States. The government is seeking to sign an additional agreement with Mercosur.

Mexico still needs to overcome many structural problems as it strives to modernize its economy and raise living standards. Ongoing economic concerns include low real wages, underemployment for a large segment of the population, inequitable income distribution (top 20% of income earners account for 55% of income), and few advancement opportunities for the largely Amerindian population in the impoverished southern states. If municipalities of Mexico were classified as countries in the HDI World Ranking, San Pedro Garza Garcia, and Benito Juárez, one of the districts in the Distrito Federal, would have a similar level of development to that of Italy, whereas Metlatonoc, Guerrero, would have an HDI similar to that of Malawi [2].

The country has continued to struggle with such issues as economic control and development, especially with the petroleum sector and the evolution of trade relations with the United States. Corruption at certain levels of the administration and crime continue to be chronic problems.




Least Developed Countries (LDCs or Fourth World countries) are countries which according to the United Nations exhibit the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world. A country is classified as a Least Developed Country if it meets three criteria [1] based on:

low-income (GNI per capita of less than US $750)
human resource weakness (based on indicators of nutrition, health, education and adult literacy) and
economic vulnerability (based on instability of agricultural production, instability of exports of goods and services, economic importance of non-traditional activities, merchandise export concentration, and handicap of economic smallness, and the percentage of population displaced by natural disasters)
Countries may "graduate" out of the LDC classification when indicators exceed these criteria. The United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States coordinates UN support and provides advocacy services for Least Developed Countries.

The classification currently applies to around 50 countries. As of 2006, the least developed country in the world is East Timor

below is a list of the least developed countries

Asia (10 Countries)

Afghanistan
Bangladesh
Bhutan
Cambodia
Lao People’s Democratic Republic
Maldives
Myanmar
Nepal
Timor-Leste
Yemen

Africa (34 Countries)

Angola
Benin
Burkina Faso
Burundi
Cape Verde
Central African Republic
Chad
Comoros
Democratic Republic of the Congo
Djibouti
Equatorial Guinea
Eritrea
Ethiopia
Gambia
Guinea
Guinea-Bissau
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritania
Mozambique
Niger
Rwanda
Sao Tome and Principe
Senegal
Sierra Leone
Somalia
Sudan
Togo
Uganda
United Republic of Tanzania
Zambia

Oceania (5 Countries)

Kiribati
Samoa
Solomon Islands
Tuvalu
Vanuatu

North America (1 Country)

Haiti

How does that answer ride cowboy?

Answer 2

There are many other countries that have very poor people. Our own country has towns without post offices, police stations, even super markets. Pembroke, IL is located south of Chicago. Pembroke has no bus or train connection. Its roads are mostly paved with sand or gravel. Many of its homes are crumbling shacks with dirt floors and no running water. Some homes feature tires up top to keep the roof from flying off. It is lacking a bank, supermarket, police force, barbershop, gas station, bookstore, and pharmacy.

Answer 3

perhaps you are referring to so much news. but, we have poor in the Appalachian mountain communities at the foothills of the smokey mountains of the s.e. USA. Many children go hungry every night within economic disadvantage areas of the USA. many places are poor about this world because investments within certain areas would not pay-off.

Answer 4

We owe our poor here first and foremost-no one should come before them. When they are taken care of than reach out not before.

Answer 5

Hey Cowboy, dont you have a job or something? Ive been seeing you q's and a's ALL day long today. I get it, you are complaining because Maria needs that welfare that you just wont want to let go huh? Whining behind the computer all day long being supported by taxes. Typical anti-illegal person.

Answer 6

Hell NO!! Are u kidding?? Poverty is everywhere and effects everyone from every walk of Life....and We the (US) dont owe anybody anything!!! Its called LIFE.....more powerful countries have always gotton over on the weaker ones....its kill or be killed!!

Answer 7

Mexico is rich compared to some African countries.

Answer 8

No but you don't have any other neigbours( apart from the immigrant)and thus wealthy Canada!)
If your neighbour was any other poor country you'd be invade by those people. It's simply physically hard to come illegally from anywhere else. that's why we come on visas(if they give us one).

Answer 9

well it's poor country but it's not poor compare to africa.
so yeah it's not the only place with povery.

Answer 10

no, it's just the only place where the poor can cross the border walking.

other nations we just ignore (more or less)

Answer 11

of course not, but since Calderon got elected the level of poverty is going to skyrocket.